Is One Mobikwik overvalued or undervalued?

As of 10 October 2025, the valuation grade for One Mobikwik has moved from risky to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently deemed overvalued based on its financial ratios, which include a PE ratio of -18.04, an EV to EBITDA of -14.88, and a ROE of -20.27%. These figures suggest that the company is struggling to generate positive earnings and returns for its shareholders.
In comparison to its peers, One Mobikwik stands out unfavorably; for instance, Bajaj Finance has a PE ratio of 36.56 and an EV to EBITDA of 19.67, while Life Insurance boasts a more attractive EV to EBITDA of 9.08. The stark contrast in these ratios highlights One Mobikwik's overvaluation relative to its competitors in the financial technology sector. Furthermore, the company's stock performance has lagged significantly behind the Sensex, with a year-to-date return of -52.19% compared to the Sensex's 5.58%, reinforcing the conclusion that One Mobikwik is overvalued in the current market environment.